Question : INVESTMENT PROMOTIONAL SCHEME



(a) whether `Investment Promotional Scheme` was launched in 1994-95 for development of non-forest wasteland;

(b) if so, the total number of projects taken up under this scheme as on date since its inception, State-wise; and

(c) the amount allocated and utilised under the said scheme during 1999- 2000, State-wise?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF RURAL DEVELOPMENT

(SHRI A. RAJA)

(a) Yes, Sir.

(b) Upto the end of March, 2000, 16 projects have been sanctioned under the Investment Promotional Scheme (IPS). The details of these projects are compiled state-wise and given at Annexure - I.

(c) Instead of allocation, subsidy including release of funds is made project wise, under the scheme. The details of subsidy sanctioned released and utilised under the projects during 1999-2000 are compiled state-wise and given at Annexure - II.

Annexure - I

Annexure referred to in reply to part (b) of the Lok Sabha Unstarred Question No. 5070for 27.04.2000,

DETAILS OF PROJECTS SANCTIONED UNDER IPS DURING 1994-95 TO 1999-2000 (STATE-WISE).

Sl.No.	State	Projects sanctioned
1. Andhra Pradesh 1

2. Maharashtra 3

3. Tamil Nadu 12
Total 16



Annexure - II

Annexure referred to in reply to part (c) of the Lok Sabha Unstarred Question No. 5070 for 27.04.2000.

DETAILS OF FUNDS SANCTIONED AND RELEASED UNDER THE PROJECTS DURING 1999-2000 (STATE-WISE)
(Rs. - Lakhs)
Sl.No. State in Subsidy Amount Amount which the Sanctioned released for utilised projects for the the projects projects
1. Andhra Pradesh 11.00 6.60 -
2. Maharashtra 3.00 1.80 -
3. Tamil Nadu 12.99 11.07 3.27
Total 26.99 19.47 3.27

This includes part of funds released against the projects sanctioned during previous years. The amount utilised under projects sanctioned during previous years.